INSUBCONTINENT EXCLUSIVE:
This is an over 10 times increase since 2016-17 when the defence exports were Rs 1,521 crore
India has set itself an ambitious defence exports target of Rs 35,000 crore by 2024-25.According to the Ministry of Defence, India exports
major platforms like Akash missile, BrahMos, Pinaka, Dornier-228, thermal imagers, 155 mm Advanced Towed Artillery Guns (ATAGs), radars,
simulators, body armours, mine protected vehicles etc
There is also a growing interest and demand for its platforms like the Light Combat Helicopters, Aircraft carrier and the Light Combat
defence exports rising and what policy measures have helped in the over 10 times increase? Is the Rs 35,000 crore target achievable? In this
have helped India move towards its goal of becoming a net exporter of arms
Pant feels that India should focus on exporting niche weapon systems
In the latest data released by SIPRI, India emerged has the top arms importer between 2018-2022
Pant sees that gradually changing as geo-political situations lead the West to sharing more defence technology with India
He also credits the focus on defence ties to the government's foreign policy and PM Narendra Modi's visits to the US and France.
